Chairman and Board

Alan Collett, FRICS

Alan Collett, FRICS

Alan is a Past President of the Royal Institution of Chartered Surveyors, and brings a lifetime of experience of residential investment and development to Hearthstone. An experienced Chartered Surveyor and former Senior Partner of Allsop & Co, he has worked in all aspects of the acquisition, development, management and sale of residential and mixed use property.

Cedric Bucher, CFA

Cedric Bucher, CFA

Cedric was with Architas from 2011 to 2017, initially as Head of Business Development, and from 2015 as Head of UK. Before that, he held senior commercial positions in the fund and asset management with SEI and Barclays Wealth. He also co-lead a project at Cardano setting up a DC business. Born and educated in Switzerland, Cedric spent the first part of his career with McKinsey&Co. in Zurich and London. He holds a Masters in Finance from London Business School and is a CFA Charterholder.

David Dutton

David Dutton

David is a “hands on” business angel in a number of small company start-ups and, until June 2016, was Executive Group Property Director for The Daily Mail and General Trust (DMGT), a major UK media company, Chairman of DMG Information, ad as a Non-Executive Director for a number of other subsidiaries of DMGT.

Mark Drysdale

Mark Drysdale

Mark is a Chartered Surveyor with considerable experience in fund management and asset management. He has a proven track record of success across deal origination and execution, intensive asset management, capital raising and fund structuring.

David Livesey

David Livesey

David is Chief Executive of Connells and is credited as being largely responsible for creating some of the most successful parts of the business. David has been a Director of Connells Group since 1995, becoming Group CEO in 2008.

Richard Twigg

Richard Twigg

Richard is a Chartered Accountant who joined the Skipton Group in 1993 as Head of Finance of Homeloan Management and in 1996, following the acquisition by Skipton, he was appointed Finance Director of Connells. In 2002 he was appointed to the Skipton Board and served as Group Finance Director until 2014 when he re-joined Connells as Group Finance and Commercial Director.

Mark Witherspoon

Mark Witherspoon

Mark is the former CEO of both Hometrack and UKValuation, and is Strategic Development Director at Zoopla. Mark also spent 10 years with Barclays’ retail banking as Head of Strategy & Planning for retail banking products.

Hearthstone Investment Management LTD

Hearthstone Investment Management Limited is an institutional investment manager specialising in residential property. Our sole focus is Hearthstone Residential Fund 1, a private equity vehicle investing into the private rented sector in UK regions. The firm is a 50:50 joint venture between the Fund’s management team and Hearthstone Investments Plc.

Senior Management Team

Andrew Smith

Andrew Smith

Andrew’s 30 year property investment career has included international fund management and strategy roles at Aberdeen Asset Management, where he ultimately served as Global Head of Property, and previously at Henderson Global Investors. He is a past Chairman of the Investment Property Forum, and has served on a variety of industry steering groups for organisations such as INREV, the Royal Institution of Chartered Surveyors and the Bank of England Property Forum.

Richard Otten

Richard Otten

Richard has run residential investment funds for over 25 years, in roles covering the complete property investment cycle from site finding to transactions and asset management. He formed one of the early Business Expansion Scheme property companies, funded through Lazards, and later became a director of Pinnacle Housing, which managed approximately 25,000 properties with a value of over £900 million. He went on to establish Fairbridge Estates, and jointly set up Fairbridge Residential, a specialist fund management company.

Cristoforo Rocco di Torrepadula

Cristoforo has more than 25 years’ experience working with institutional investors across asset classes, focusing in particular on private equity, infrastructure and currency risk. He spent 14 years with Schroders in London, Tokyo, Geneva, Zurich and Seoul, and subsequently managed the London office of AG Bisset Associates. He has developed particular specialist knowledge of public sector pension funds, and their investment requirements.

Strategic Partners

Thesis Unit Trust Management

Tutman is the Authorised Corporate Director for the TM home investor fund.

Thesis Asset Management

Thesis Asset Management Limited is responsible for the treasury management functions of the TM home investor fund. Thesis are an investment management group with over £12bn of assets under management. They provide services both as financial planners to high-net-worth individuals and to fund managers via their collective investment scheme operating subsidiary, Tutman.

Langham Hall

Langham Hall is a partner led professional services business providing fund administration and depositary services to fund managers in the debt, infrastructure, private equity and real estate sectors, representing net assets of USD 70 billion. The company has won a number of industry awards including Fund Administrator of the Year at the Lawyer International Global Awards 2017.

NCM Fund Services

NCM Fund Services is a boutique, owner-managed provider of full service fund administration services, acting for over 100 funds with gross assets of over £2 billion, including property, private equity, venture capital and renewables. NCM is the fund manager for the Housing Fund for Scotland, overseeing its FCA regulated activities.

Touchstone

Touchstone is a property management services group who manage over 20,000 homes for a variety of corporate and investment landlords. They provide Hearthstone with:

– A single, efficient point of management contact for properties held in the funds.

– Tenant credit checks, rent collection and lettings.

– Efficient management of maintenance projects.

Connells Group

A strategic partner and equity investor in Hearthstone, Connells is a leading estate agency and property services provider with over 500 branches nationwide.
A subsidiary of Skipton Building Society. They provide Hearthstone with “grass roots” rental market information.
They supply access to off-market portfolios *, support asset disposal * and deliver bulk conveyancing services *
(* Services provided to the TM home investor fund and Housing Fund for Scotland)

NatWest Trustee and Depositary Services

NatWest, previously RBS, has provided trustee or depositary services for over 70 years. They are responsible for the trusteeship of over 1,200 Collective Investment Schemes (CIS).
NatWest is the Depositary and Trustee to the TM home investor fund.

Northern Trust

Northern Trust is a leading provider of investment management, asset and fund administration, fiduciary and banking solutions worldwide. Industry accolades include ‘European Fund Administrator of the Year’ at the Funds Europe Awards 2011 and Best Global Investor Services House at the Euromoney Awards for Excellence 2011. Northern Trust provides fund accounting and administration services for the TM home investor fund.